Shell Nigeria says it exclusively paid a total of $1.09bn in corporate taxes and royalties to the Nigerian government in 2023, through the operations of the Shell Petroleum Development Company of Nigeria Limited and Shell Nigeria Exploration and Production Company of Nigeria Limited. The figures, announced in the just published 2023 Shell Briefing Notes, showed […]
Operatives from the Economic and Financial Crimes Commission on Tuesday reportedly arrested some Bureau De Change operators at the popular Wuse Zone 4 market on Tuesday. This came as traders also said some BDC operators resisted the arrest during a sting operation. The operatives had embarked on routine raids to sanitise the market of street […]
The All Progressives Congress candidate in the September 21 governorship election in Edo State, Monday Okpebholo, is at risk of being sentenced to six- months imprisonment in line with the Central Bank of Nigeria Act of 2007 as a coalition of civil society organisations under the aegis of the Network of Civil Society Organisations in […]
The Oxford-AstraZeneca COVID-19 vaccine is being withdrawn worldwide due to concerns over a rare and dangerous side effect. This development came months after the pharmaceutical giant admitted for the first time in court documents that the vaccine can cause a rare and dangerous side effect, The Telegraph reports. The company disclosed this in a statement […]
Pro-democracy activist and presidential candidate of the African Action Congress in the 2023 general elections, Omoyele Sowore, has condemned the ‘unjust’ detention of a reporter with the Foundation for Investigative Journalism, Daniel Ojukwu. Sowore lamented the refusal of the Nigerian Police to release Ojucku despite meeting all the bail conditions. He mentioned that he, alongside […]
Ilerioluwa Babalobi, 31, has started a mission to visit all 54 African countries without using a plane, becoming the first African to complete such a feat, and setting two Guinness world records. Babalobi, a Ngerian Tourist has set out on this trip to promote the Borderless Africa Campaign by the NGO, Africans Rising, and to […]
In a startling revelation, Barrister Jesutega Onakpasa, a stalwart of the All Progressives Congress (APC) and a key member of the party’s Presidential Legal team, has come out swinging against what he perceives as a disturbing trend within the party. In a fiery speech addressing party members, Barr. Onokpasa minced no words as he denounced […]
The lifeless body of a man, said to be a father of 12 children has been found in a brothel at Tombia-Amossoma road axis of Yenagoa, Bayelsa. According to the residents of the area, the deceased is a 40-year-old man from Delta, though his name was not known as at the time of filling the […]
•616 export containers abandoned •Maersk shipping to evacuate 1,900 by tomorrow — APM Terminal The drive by the government to raise its non-oil revenue may have come under threat as no less than 4,817 containers fully loaded with export goods are currently trapped at the Lagos port. Out of this, 616 have been abandoned for over […]
Nestle Nigeria Plc has posted a 43.4 percent Year-on-Year (YoY) increase in its revenue for the first quarter ended March 31, 2024 (Q1’24). Specifically, the company grew its revenue to N183.5 billion in Q1’24 from N128 billion in the corresponding period in 2023, Q1’23. Highlights of the company’s Q1’24 financial statement filed at the Nigerian Exchange Limited (NGX) […]
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